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20121108
20121116
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once the election was finished, that they had not focused clearly enough. >> pathetic they didn't realize this was come ppg. >> but if you're focusing on the election and what's going to happen there, then all these people are just like --ine ppg. >> but if you're focusing on the election and what's going to happen there, then all these people are just like --ge ppg. >> but if you're focusing on the election and what's going to happen there, then all these people are just like -- ppg. >> but if you're focusing on the election and what's going to happen there, then all these people are just like --ppg. >> but if you're focusing on the election and what's going to happen there, then all these people are just like --. >> but if you're focusing on the election and what's going to happen there, then all these people are just like -- >> we've done the same thing. we stopped focusing on europe while the election was going on. >> but if you believe that they anticipated an obama win, it shouldn't be a big shocker. >> the greeks did vote for what was necessary p. and we've had other thin
vote by americans that they want taxes raised. there are a lot of thins that went into that election. and i think the exit polls was at like 40% said that. so getting 40% of population to agree that they want to raise the taxes on somebody else is not that big a deal. it's not that hard to get people to raise taxes on the other guy. >> but boehner seems to be willing to give a little bit more. i wonder whether he gives and then can't really -- >> kerry says we won't be pushed around, but you can't do it without the house. >> elections do have consequences. you said that yourself. and you wonder if there will be something where you can bring a compromise. my guess is that you won't be able to start back exactly where you were before. you need to find some way to come about and boehner has suggested there's a way you can do it by changing the tax code, by getting rid of some of the loopholes and deductions. and again, higher effective tax rates for lower marginal tax rates. >> i am rising above, but i'm with these guys that there are guys that think, wait a second, what are they doing
saw what paul ryan said. the house was re-elected. so people re-elected those people in the house for a reason. it's a nonstarter. it's not going to happen. it's not going to be 1.6 billion. 1.6 trillion. to get to four trillion, that would be 2.4. so we said that. he'll go not 3-1 like simpson bowles. he's go one and a half to one. >> that's not going to happen either. >> but what bothers me -- >> the problem is nothing is going to happen. >> what bothers me is i do think you can get to a point where you raise taxes too much and you don't cut spending enough, where you're just funding entitlements by raising taxes and you don't do anything about it. if he had his way, i really think he would do that. i still don't think he gets it. >> when you hear people who are saying things like that, my guess is if you had boehner and president obama sit down in a room together, they could probably come up with an approach. >> we'll see. you don't have your button. >> i do. >> i'll just make one point. >> what's that? >> if you don't rise above, you know what you do? you sink below. you sink
losing this election means they have to give in and allow taxes to go up on wealthier americans? >> i think they've already agreed to that. you heard john boehner say that already. we've had voteses in the senate where we've gotten rid of tax credits. i think that's a given. and i think that the vast majority of measures agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem and that's uncontrolled entitlement spending and a government that has grown massively. >> i think if the house stands for anything, it's cut government spending as tom coburn said and i think we'll have to do more of it. we heard the mandate in 2010 where it was a clear mandate cut spending and we did, we cut $900 billion in spending that he can't like painful tos us. >> we'll continue our call to rise bol politics and make a deal. oufr guests this morning include mike jackson and also david zaslav. and the head of maris group. and douglas holtz-eakin. >> let's talk about eurozone finance ministers meeting to discuss whether to release a ne
obama on this topic tomorrow and was recently elected to exxon's board. she'll be joining you live at 7:00 eastern. joe, i believe you have breaking earnings numbers. >> home depot 63 cents, a nonrecurring item in there of 11 cents a share. due to the previously announced closing of seven stores in china. on an adjusted basis, the company reported earnings of $1.1 billion or 74 crepts a share, 23% above the same period last year and 4 cents above expectations of 70 cents. third quarter results were better than we expected and reflected in part what we believe is the start of a path towards the healing of the housing market according to frank bica who we hopefully have a picture of in his full regale i can't, full orange home depot apron. because he's an endearing looking guy who you would trust him at your house. there he is. i love him. >> he does have his apron on. >> and i want to thank all of our associates, and there is also as i go through the press release here, based on the third quarter, we're updating our fiscal 2012 guidance and raising our sales growth guidance. be up approx
movements particularly republicans, john boehner coming out after the election, i get t revenues have to be part of the deal. as george suggested there will be arguments about how you get there but i think when i look at how the politics line up the leverage embedded in going over the cliff and what that means to the president and democrats will push us there. i just want to say macro economically, going over the cliff is a bad thing, no question about it, but going over the cliff and staying over the cliff is a lot worse than going over the cliff and kind of backtracking back up there. >> the bungy. >> the bungy jump. >> we talked about that. >> the slope, the fiscal slope. >> george, where are you on the actual rate itself? there was a conversation boehner said we'll put revenues on the table, keep it at 35%, we'll find the deductions and from the president the first time out he didn't talk about 39.6 and so there was this view amongst some who wanted to hear it somehow he was at the same place and boehner might be willing to do something. i was in d.c. yesterday and others, steve w
Search Results 0 to 5 of about 6